Tax Reform

             When the American people think of taxes, the acronym that immediately
             comes to mind is IRS. Associated with these three letters are the audits
             and spools of red tape that Americans travel through each year to earn a
             temporary hiatus from government intervention into their lives. The
             permanent escape from this burden of record keeping and paper pushing is
             just one of the benefits reaped by replacing the current federal income tax
             system with a national sales tax. Simplification of the federal
             bureaucracy through a national sales tax would eliminate the need to even
             have an agency such as the Internal Revenue Service. The burden of
             individuals being forced to keep financial records for seven years and the
             nightmare of filing annual tax returns under a complicated system of rules
             few can decipher would no longer exist. In order for our country to
             institute a just and ethical means of taxation, establish a secure method
             for appropriating government funds, and to honestly save the taxpayer
             money; the United States should initiate tax reform by eliminating federal
             income tax and create an across the board federal sales tax.
             The government's reliance on the current income tax system creates a
             great emphasis on the appropriation of tax revenue. This collection
             mentality encourages taxpayers who are in high tax rate brackets to pursue
             avenues of tax avoidance by finding loopholes in the ever increasingly
             complex tax code. Extremely difficult for the everyday American to
             understand, the federal tax code can encourage tax evasion and avoidance by
             taxpayers of all rate income levels because nearly everyone attempts to
             "outsmart the system". This situation causes an economic loss by creating
             extra work for the government and lost tax revenue. With the cost of
             investigation and the cost of collecting money owed the federal government
             rising, the amount of capital needed from taxpayers to pay for th...

More Essays:

APA     MLA     Chicago
Tax Reform. (2000, January 01). In MegaEssays.com. Retrieved 12:09, September 02, 2026, from https://www.megaessays.com/viewpaper/26706.html